Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver August 13, 2020


USDCAD spot rate: 1.3230 - 1.3235 (as at 6:29am PST)

Ranges:

Asia:

1.3230

to

1.3245

Europe:

1.3223

To

1.3251

North America:

1.3211

to

1.3235

Technical Support / Resistance:

S2

S1

R1

R2

1.3150

1.3200

1.3358

1.3425

Key Economic Data Releases:

- U.S. Initial Jobless Claims 963k (1120k exp.) 1191k previous

Event Calendar:

Date

Canada

U.S.A.

Aug 14

Manufacturing sales

Retail sales, industrial production

The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, suggesting the economic recovery is gaining some traction amid a deceleration in coronavirus infections.

Initial jobless claims in regular state programs fell by 228,000 to 963,000 in the week ended Aug. 8, Labor Department data showed Thursday. Continuing claims -- the total number of Americans claiming ongoing benefits in state programs -- decreased to 15.5 million in the week ended Aug. 1, the lowest since early April.

Currently, the TSX is down 0.40% and the DJIA is down 0.38%. EURCAD is up 0.21% trading between 1.5613 and 1.5674. GBPCAD is up 0.23% trading between 1.7268 and 1.7338. JPYCAD is down 0.44% trading between 0.01234 and 0.01241. Gold is up 0.42% trading between $1,919 - $1,942USD/oz. Silver is up 2.84% trading between $25.54 - $26.76. Oil (WTI crude) is down 0.45% trading between $42.42 - $42.84

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